Tag: Chris Larsen

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SEC objects to XRP holders aiding Ripple defense

As the case against Ripple rages on, the SEC wants to see certain “friends of the court” in support of Ripple be barred from providing legal aid to the defense. The United States Securities and Exchange Commission (SEC) is attempting to block Ripple (XRP) holders from aiding in Ripple’s defense, and prohibit attorney John E.…
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World Economic Forum Shares a Video About Changing Bitcoin’s Code to Proof-of-Stake

According to a World Economic Forum (WEF) tweet, a “change in the way bitcoin is coded could almost eliminate its environmental impact.” That statement stems from a tweet the WEF published on April 26, with an accompanying video that claims “miners could stake their own bitcoins to verify transactions.” WEF on Bitcoin’s Proof-of-Work: A ‘Basic…
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Ripple CEO: SEC Lawsuit Over XRP ‘Has Gone Exceedingly Well’

The CEO of Ripple Labs says that the lawsuit brought by the U.S. Securities and Exchange Commission (SEC) against him and his company over XRP “has gone exceedingly well.” He stressed: “This case is important, not just for Ripple, it’s important for the entire crypto industry in the United States.” Ripple’s CEO Comments on SEC…
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Ripple chair’s pay-off plan to convince BTC miners to adopt Proof of Stake

Billionaire Chris Larsen said that miners should view the move away from PoW as “a net positive for their longevity.” Executive Chairman and Co-founder of Ripple Chris Larsen has unveiled his plan for Bitcoin miners to move away from Proof of Work (PoW), saying they should view it as “a net positive for their longevity.”…
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